The exchange filed for Chapter 11 bankruptcy in November 2022. The court found the firm's founder Sam Bankman-Fried guilty of seven counts of fraud and sentenced him to 25 years in prison and ...

Mall-based teen retailer Claire’s, known for helping to usher teens into a key rite of passage _ ear piercing _ but now ...

A Rio de Janeiro court suspended the enforceability of obligations set out in Oi SA’s judicial recovery plan in Brazil, ...

Wind turbine blade manufacturer TPI Composites has filed for Chapter 11 bankruptcy protection and obtained $82.5 million in ...

A popular teen jewelry retailer is closing stores as a result of filing for Chapter 11 bankruptcy for a second time. See if ...

Avant Gardner, parent company of Brooklyn Mirage, has voluntarily filed for Chapter 11 bankruptcy. Current CEO Gary Richards ...

The Scottsdale-based manufacturer that has nearly 12,000 global employees has a plan to exit bankruptcy as "quickly and ...

The hard cider producer and craft beverage restaurant operator files Chapter 11 bankruptcy to restructure its debt.

A nationwide network of counseling centers doing business under multiple names including the Counseling Center has filed for ...

Chapter 11 doesn’t erase all debts and it’s not suitable for all businesses. But in the right cases, it can be a viable way for financially troubled firms to find a path through a difficult time.

Chapter 11 is a lengthy, complicated, and expensive process that's not right for every company or individual. However, for companies with a solid reorganization plan, a business can stay open and ...